Shares of Knowles Corporation (NYSE:KN) have received a consensus rating of “Hold” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $19.33.
A number of analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Knowles Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. BidaskClub upgraded shares of Knowles Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Finally, Robert W. Baird reiterated a “buy” rating and set a $20.00 target price on shares of Knowles Corporation in a report on Friday, October 27th.
Shares of Knowles Corporation (KN) opened at $16.46 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.43 and a current ratio of 2.39. Knowles Corporation has a 1 year low of $14.11 and a 1 year high of $19.90. The stock has a market cap of $1,445.81, a PE ratio of 23.76, a price-to-earnings-growth ratio of 2.51 and a beta of 0.80.
Knowles Corporation (NYSE:KN) last posted its quarterly earnings results on Wednesday, October 25th. The communications equipment provider reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.09. Knowles Corporation had a net margin of 0.25% and a return on equity of 6.13%. The business had revenue of $221.70 million during the quarter, compared to analyst estimates of $220.62 million. During the same period in the prior year, the business posted $0.37 earnings per share. The company’s revenue was down 8.8% on a year-over-year basis. equities research analysts anticipate that Knowles Corporation will post 0.64 EPS for the current year.
TRADEMARK VIOLATION WARNING: “Knowles Corporation (KN) Given Average Rating of “Hold” by Analysts” was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this news story can be viewed at https://www.dispatchtribunal.com/2017/11/12/knowles-corporation-kn-given-average-rating-of-hold-by-analysts.html.
A number of hedge funds have recently added to or reduced their stakes in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Knowles Corporation by 0.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,022 shares of the communications equipment provider’s stock worth $220,000 after buying an additional 66 shares in the last quarter. Amalgamated Bank raised its stake in Knowles Corporation by 0.9% in the second quarter. Amalgamated Bank now owns 12,533 shares of the communications equipment provider’s stock worth $212,000 after buying an additional 117 shares in the last quarter. Atria Investments LLC raised its stake in Knowles Corporation by 1.5% in the second quarter. Atria Investments LLC now owns 12,485 shares of the communications equipment provider’s stock worth $211,000 after buying an additional 180 shares in the last quarter. CENTRAL TRUST Co raised its stake in Knowles Corporation by 3.0% in the second quarter. CENTRAL TRUST Co now owns 14,681 shares of the communications equipment provider’s stock worth $248,000 after buying an additional 426 shares in the last quarter. Finally, Retirement Systems of Alabama raised its stake in Knowles Corporation by 0.5% in the second quarter. Retirement Systems of Alabama now owns 115,023 shares of the communications equipment provider’s stock worth $1,946,000 after buying an additional 520 shares in the last quarter.
About Knowles Corporation
Knowles Corporation is a global supplier of micro-acoustic, audio processing and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace and industrial markets. The Company operates through two segments: Mobile Consumer Electronics (MCE) and Specialty Components (SC).
Receive News & Ratings for Knowles Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knowles Corporation and related companies with MarketBeat.com's FREE daily email newsletter.